Skip to content

Mid-Wilshire Cocktail Bar w/No Food Required – Ideal Accessibility & Visibility!

Overview

This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it’s an ideal spot to unwind with friends or enjoy a drink. The bar serves a wide variety of craft cocktails, premium spirits, and wines, along with a selection of light bites and appetizers. Guests appreciate the friendly staff and personalized service, making it a great find for those seeking a higher-end neighborhood bar experience.

Additional Details

Facilities

This 2,065 square foot location leases for $10,300 per month including common area maintenance expense on a lease until April 2025 with options to be determined. All of this venue’s furniture, fixtures, equipment, goodwill and Type 48 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close

Competition

The area is filled with a mix of trendy eateries, classic diners, and upscale gastropubs, each striving to carve out a niche. This venue is able to leverage its busy neighborhood location to cater to its loyal local following.

Growth & Expansion

This venue can benefit from a full-time working owner-operator with bartending and hospitality industry experience that can help to ensure stellar customer service while minimizing labor expenses. Management does outsource functions that may be taken in-house with enormous expense savings.

At a Glance

Asking Price: $525,000

Gross Revenues: $642,190

Inventory: $5,000

Potential Cash Flow: $133,888

Location: LOS ANGELES

Inquire

Skip to content